Porsche NFT trading volume nears $5M despite launch woes, minting halt German luxury car manufacturer Porsche's nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales. Originally meant to have […]
Farokh Radio: Can a Red Hot NFT Talk Platform Grow Beyond Its Host? Farokh Sarmad thinks a lot about history and his place in it. “I feel like I’m living in a history book,” the 28 year-old said recently, eyes wide, hair flowing to his shoulders like Jesus. “I know that one day they're going to write about us and what we did.” The “us” is Rug Radio, […]
Proof CEO loses dozens of high-value NFTs to phishing Kevin Rose, the CEO of NFT company Proof, responsible for the famous collection Moonbirds, announced that his wallet had been compromised. Stolen NFTs are reportedly worth millions of dollars. Rose warned his 1.6 million followers on Twitter not to purchase any Chromie Squiggles, a generative art NFT initiative by Snowfro, the creator of Art Blocks. […]
Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24 In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT […]
Venture capital investments into blockchain continue to free-fall: Report Cointelegraph Research has analyzed all the deals and trends from venture capital in the blockchain industry during the fourth quarter of 2022. The second half of 2022 saw a dramatic decline in capital inflows across all five major sectors of the blockchain industry: decentralized finance (DeFi), centralized finance (CeFi), nonfungible tokens (NFTs), infrastructure and Web3. […]
Exclusive NFT presale to treat all the hard workers, feat. Snoop Dogg and Billy Ray Cyrus Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed. Cointelegraph and Web3 metaverse concert platform Animal Concerts have joined […]
NFL star Marshawn Lynch eyeing a move to NFTs Former NFL great Marshawn Lynch has filed to trademark the term “BEASTMODE” for NFTs and more. Lynch has said that in addition to digital memorabilia, he plans to utilize the brand to sell items authenticated by NFT. He was dubbed “Beast Mode” by fans because of his penchant for barreling over defenders time and time […]
Ethereum NFT Hit Doodles Will Launch Doodles 2 on Flow Blockchain Doodles is one of the most prominent Ethereum NFT projects around, with colorful profile pictures (PFPs) that stand out on social media, more than $550 million in trading volume to date, and musician Pharrell Williams as its chief brand officer. But for its next big drop, Doodles is heading to the Flow blockchain. Today, Doodles […]
NFT creator: Amber Vittoria crushes it in her ‘Big Girl Pants’ Artist name: Amber VittoriaLocation: Los AngelesDate minted first NFT: March 1, 2021Which blockchains? Ethereum, Tezos Bio: Before she even turned 30, Amber Vittoria had made a significant splash in the traditional art world with gigs with Gucci, Google, Adidas, Victoria’s Secret, Apple, L’Oréal Paris, Meta, Snapchat, VaynerMedia and The New York Times, Hailing from New […]
Keith Comito on the benefits of blockchain tech and decentralization in longevity research Lifespan.io President and co-founder Keith Comito was into longevity before longevity was cool. “We started our nonprofit back in 2014,” Comito said. “Back then, few credible researchers would be caught dead saying they were working on aging. It was still kind of a scientific backwater. So, we wanted to emulate what the cancer research advocates […]
Porsche halts its NFT minting amid negative feedback German sports car manufacturer Porsche has announced that it will be halting its Ethereum-based non-fungible token (NFTs) minting due to the public backlash. The announcement was made on the company’s Twitter on Jan. 24. The minting is still open, but Porsche will close it on Jan. 25. Our holders have spoken. We’re going to cut our […]
Nifty News: Porsche ends 'low effort' NFT mint early, Oreo dunks into the Metaverse and more Porsche criticized for 'low effort' NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.” The Jan. 23 launch was seen by some as a huge flop for Porsche with […]
Firm Taps NFTs to Token Gate Bars, Bathrooms at Mardi Gras Finding a decent bathroom amid the chaos and revelry of Mardi Gras can be tricky. But this year, when you gotta go, at least one venue in New Orleans will be happy to let you use theirs—if you have the NFT pass. Several perks offered as part of a new Mardi Gras-themed NFT collection coming […]
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs The casual gaming market will remain a crucial audience for blockchain games and nonfungible tokens (NFTs) in gaming, according to three blockchain gaming company co-founders. Casual gamers, people who play games somewhat regularly but rarely invest significant time, make up the largest segment of players in the gaming industry. Kieran Warwick, co-founder of blockchain role-playing […]
Are NFTs Back? OpenSea Sales Rise in Consecutive Months for First Time in a Year Is the crypto bear market coming to an end? Cryptocurrency prices are on the rise lately, and there are now growing signs that the NFT space is rebounding as well. The latest: OpenSea, the leading marketplace, has notched back-to-back Ethereum NFT monthly sales increases for the first time in a year, with January sales volume […]
Floor Acquires WGMI.io to ‘Accelerate’ Expansion of NFT Portfolio App Floor, the startup behind the NFT portfolio app of the same name, raised $8 million last year and claims sizable growth for its token-gated app amid the NFT bear market. The firm has now unveiled the next step in its plans to grow both its feature set and audience, announcing today that it has acquired […]
NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023 Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being […]
Sports NFT platform Candy Digital raises $38.5m in new round Candy Digital, a sports-centered digital collectible company, has received about $38.5 million from its investors, according to an SEC filing dated Jan. 18. Massive funding comes after a change in ownership The Securities and Exchange Commission filing also revealed that the company aims to raise $68.1 million. With that, the NFT startup still has $29.7 million yet […]
Sundance Film Festival embraces blockchain and crypto film initiatives Web3 technologies continue to infiltrate various mainstream industries to bring innovation to old systems. This includes legacy creative fields such as the music industry and, more recently, the film industry. This year, the Slamdance Film Festival, an oscar-accredited film festival for indie filmmakers, will see the premiere of the new film Fuzzy Head, which received […]
New Hampshire gov releases report on blockchain following executive order Chris Sununu, the governor of New Hampshire, has released the results of an investigation from a commission aimed at recommending legislation around digital assets and blockchain as part of a 2022 executive order. In a Jan. 19 announcement, Sununu said the Commission on Cryptocurrencies and Digital Assets had reported the legal and regulatory status of […]
